{"id":153078,"date":"2022-08-24T13:21:37","date_gmt":"2022-08-24T07:51:37","guid":{"rendered":"https:\/\/caravanalive.com\/?p=153078"},"modified":"2022-08-24T13:21:37","modified_gmt":"2022-08-24T07:51:37","slug":"korea-increases-defense-supplies-president-yoon-targets-to-become-top-supplier","status":"publish","type":"post","link":"https:\/\/www.caravanalive.com\/?p=153078","title":{"rendered":"South Korea Increases Defense Supplies: President Yoon Targets Becoming Top Supplier"},"content":{"rendered":"<div class=\"2a6a8c3593e6620bd92d71f585bdd19b\" data-index=\"4\" style=\"float: none; margin:10px 0 10px 0; text-align:center;\">\n<script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-6453632170035383\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- NEW RESPONSIVE -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-6453632170035383\"\r\n     data-ad-slot=\"2960496911\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script>\n<\/div>\n\r\n<p>South Korea\u2019s President, Yoon Suk Yeol has completed his 100 days in office. During this time he has expressed his plans to make Korea one of the world\u2019s top four weapons suppliers. He increased South Korea&#8217;s defence budget, wishing to join the top exporters league along with the US, Russia and France. South Korea increases its defence supplies, leading to strategic industrialization making it a defensive powerhouse.<\/p>\r\n<figure id=\"attachment_153089\" aria-describedby=\"caption-attachment-153089\" style=\"width: 1200px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-153089 size-full\" src=\"https:\/\/caravanalive.com\/wp-content\/uploads\/2022\/08\/201691878_1280.jpg\" alt=\"South Korea increases defense supplies\" width=\"1200\" height=\"600\" srcset=\"https:\/\/www.caravanalive.com\/wp-content\/uploads\/2022\/08\/201691878_1280.jpg 1200w, https:\/\/www.caravanalive.com\/wp-content\/uploads\/2022\/08\/201691878_1280-300x150.jpg 300w, https:\/\/www.caravanalive.com\/wp-content\/uploads\/2022\/08\/201691878_1280-1024x512.jpg 1024w, https:\/\/www.caravanalive.com\/wp-content\/uploads\/2022\/08\/201691878_1280-768x384.jpg 768w, https:\/\/www.caravanalive.com\/wp-content\/uploads\/2022\/08\/201691878_1280-450x225.jpg 450w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><figcaption id=\"caption-attachment-153089\" class=\"wp-caption-text\">President Yoon Suk Yeol<\/figcaption><\/figure>\r\n<h2>South Korea\u2019s global status as a military supplier <\/h2>\r\n<p>In 2021, South Korea ranked 10th in the world in arms transfers according to the SIPRI. The value of arms export in South Korea is valued at $566 million. South Korea has already taken steps to achieve its top four ambitions by signing its biggest-arms deal with Poland. The deal was made with almost 1,000 K2 tanks, 600 pieces of artillery and dozens of fighter jets. In February 2022 South Korea signed a $1.7 billion deal with Egypt to supply K9 self-propelled howitzers and support vehicles. Late last year, South Korea made another massive deal to supply Australia with K9s.<\/p>\r\n<figure id=\"attachment_153090\" aria-describedby=\"caption-attachment-153090\" style=\"width: 1200px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-153090 size-full\" src=\"https:\/\/caravanalive.com\/wp-content\/uploads\/2022\/08\/outh-Korean-K-1-tank-moves-over-a-temporary-bridge-during-a-river-crossing-military-drill-in-Hwacheon-near-the-border-with-North-Korea-1.jpg\" alt=\"\" width=\"1200\" height=\"600\" srcset=\"https:\/\/www.caravanalive.com\/wp-content\/uploads\/2022\/08\/outh-Korean-K-1-tank-moves-over-a-temporary-bridge-during-a-river-crossing-military-drill-in-Hwacheon-near-the-border-with-North-Korea-1.jpg 1200w, https:\/\/www.caravanalive.com\/wp-content\/uploads\/2022\/08\/outh-Korean-K-1-tank-moves-over-a-temporary-bridge-during-a-river-crossing-military-drill-in-Hwacheon-near-the-border-with-North-Korea-1-300x150.jpg 300w, https:\/\/www.caravanalive.com\/wp-content\/uploads\/2022\/08\/outh-Korean-K-1-tank-moves-over-a-temporary-bridge-during-a-river-crossing-military-drill-in-Hwacheon-near-the-border-with-North-Korea-1-1024x512.jpg 1024w, https:\/\/www.caravanalive.com\/wp-content\/uploads\/2022\/08\/outh-Korean-K-1-tank-moves-over-a-temporary-bridge-during-a-river-crossing-military-drill-in-Hwacheon-near-the-border-with-North-Korea-1-768x384.jpg 768w, https:\/\/www.caravanalive.com\/wp-content\/uploads\/2022\/08\/outh-Korean-K-1-tank-moves-over-a-temporary-bridge-during-a-river-crossing-military-drill-in-Hwacheon-near-the-border-with-North-Korea-1-450x225.jpg 450w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><figcaption id=\"caption-attachment-153090\" class=\"wp-caption-text\">South Korean K-1 tank<\/figcaption><\/figure>\r\n<p>President Yoon stated that South Korea pursuing growth in defence supplies is an ambitious goal. If met will make South Korea surpass several countries. Regionally it might surpass China as well. Chun In-Bum who is a military general and analyst is of the opinion that to meet this target South Korea will have a lot of work to do. President Yoon\u2019s endeavour is based on the initiatives started under his predecessor, Moon Jae-in. South Korea increases its defence supplies and also the budget by 7per cent. This has changed the picture of the nation\u2019s military. He has vowed to innovate the South Korean military on lines of changes in the security environment and technological progress.<\/p>\r\n<h2>The Korean Military Arsenals<\/h2>\r\n<p>These military sales have already launched Korea into the &#8220;defence major league&#8221; with what it\u2019s called as &#8220;K-arsenal.&#8221; Korea\u2019s military hardware is less expensive but with superior performance. This makes it a viable alternative to US weapons systems. The Korean military has the KF-21 fighter jet which is a homegrown supersonic fighter which will bring a boost to the economy of the country.<\/p>\r\n<figure id=\"attachment_153091\" aria-describedby=\"caption-attachment-153091\" style=\"width: 1200px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-153091 size-full\" src=\"https:\/\/caravanalive.com\/wp-content\/uploads\/2022\/08\/maxresdefault-1-2.jpg\" alt=\"\" width=\"1200\" height=\"600\" srcset=\"https:\/\/www.caravanalive.com\/wp-content\/uploads\/2022\/08\/maxresdefault-1-2.jpg 1200w, https:\/\/www.caravanalive.com\/wp-content\/uploads\/2022\/08\/maxresdefault-1-2-300x150.jpg 300w, https:\/\/www.caravanalive.com\/wp-content\/uploads\/2022\/08\/maxresdefault-1-2-1024x512.jpg 1024w, https:\/\/www.caravanalive.com\/wp-content\/uploads\/2022\/08\/maxresdefault-1-2-768x384.jpg 768w, https:\/\/www.caravanalive.com\/wp-content\/uploads\/2022\/08\/maxresdefault-1-2-450x225.jpg 450w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><figcaption id=\"caption-attachment-153091\" class=\"wp-caption-text\">South Korean KF-21 fighter supersonic jet<\/figcaption><\/figure>\r\n<p>Next comes the South Korean K2 tanks which can be comparable to expensive main battle tanks like the American M1A2 Abrams. According to analysts, Poland has announced that it plans to buy 250 Abrams. But the US production lines are limited and US military needs are on priority. On the other hand purchase of 1,000, Korean K2s will allow Warsaw to add significant numbers quicker than it could get new US-made tanks.<\/p>\r\n<h2>Hiccups On the Way<\/h2>\r\n<p>Strategically, Seoul&#8217;s growing ability and willingness to supply advanced military to other US allies should be welcomed by the US. There are challenges towards the Biden administration like resourcing military strategies in Europe and the Indo-Pacific. Also, the US needs to sustain its own defence industrial capacity. <\/p>\r\n<p>However, there are several questions about how close Seoul and Washington really are on key challenges. Nancy Pelosi&#8217;s visit to Taiwan earlier this month, infuriated China, deteriorating relations with the US. Afterwards, when Pelosi visited South Korea President Yoon did not meet her in person. This development has led to speculation that South Korea was trying not to upset China. South Korea\u2019s armed forces are shrinking in number hence it is absolutely necessary to modify and upgrade the defence system, Especially with growing threats from North Korea, supported by China and Russia.<\/p>\r\n<figure id=\"attachment_153092\" aria-describedby=\"caption-attachment-153092\" style=\"width: 1800px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-153092 size-full\" src=\"https:\/\/caravanalive.com\/wp-content\/uploads\/2022\/08\/foal-eagle-1800.jpg\" alt=\"\" width=\"1800\" height=\"1200\" srcset=\"https:\/\/www.caravanalive.com\/wp-content\/uploads\/2022\/08\/foal-eagle-1800.jpg 1800w, https:\/\/www.caravanalive.com\/wp-content\/uploads\/2022\/08\/foal-eagle-1800-300x200.jpg 300w, https:\/\/www.caravanalive.com\/wp-content\/uploads\/2022\/08\/foal-eagle-1800-1024x683.jpg 1024w, https:\/\/www.caravanalive.com\/wp-content\/uploads\/2022\/08\/foal-eagle-1800-768x512.jpg 768w, https:\/\/www.caravanalive.com\/wp-content\/uploads\/2022\/08\/foal-eagle-1800-1536x1024.jpg 1536w, https:\/\/www.caravanalive.com\/wp-content\/uploads\/2022\/08\/foal-eagle-1800-450x300.jpg 450w, https:\/\/www.caravanalive.com\/wp-content\/uploads\/2022\/08\/foal-eagle-1800-900x600.jpg 900w\" sizes=\"auto, (max-width: 1800px) 100vw, 1800px\" \/><figcaption id=\"caption-attachment-153092\" class=\"wp-caption-text\">South Korean soldiers<\/figcaption><\/figure>\r\n<p>The biggest dilemma is that China is South Korea\u2019s largest trading partner while the US is the biggest security ally. It has to be careful to tread the line between the two rival mega powers.\u00a0<br \/><br \/><\/p>\r\n\n<div style=\"font-size: 0px; height: 0px; line-height: 0px; margin: 0; padding: 0; clear: both;\"><\/div>","protected":false},"excerpt":{"rendered":"<p>South Korea\u2019s President, Yoon Suk Yeol has completed his 100 days in office. During this time he has expressed his plans to make Korea one of the world\u2019s top four weapons suppliers. He increased South Korea&#8217;s defence budget, wishing to join the top exporters league along with the US, Russia and France. South Korea increases [&hellip;]<\/p>\n","protected":false},"author":75,"featured_media":153088,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[{"category_id":36,"category_link":"https:\/\/www.caravanalive.com\/?cat=36","category_name":"Article"},{"category_id":1265,"category_link":"https:\/\/www.caravanalive.com\/?cat=1265","category_name":"International"},{"category_id":511,"category_link":"https:\/\/www.caravanalive.com\/?cat=511","category_name":"Latest News"},{"category_id":137,"category_link":"https:\/\/www.caravanalive.com\/?cat=137","category_name":"News"},{"category_id":2311,"category_link":"https:\/\/www.caravanalive.com\/?cat=2311","category_name":"Science &amp; Tech"}],"tags":[{"tag_id":3209,"tag_link":"https:\/\/www.caravanalive.com\/?tag=defense-budget","tag_name":"defense budget"},{"tag_id":2122,"tag_link":"https:\/\/www.caravanalive.com\/?tag=economy","tag_name":"Economy"},{"tag_id":2005,"tag_link":"https:\/\/www.caravanalive.com\/?tag=military-affairs","tag_name":"military affairs"},{"tag_id":5840,"tag_link":"https:\/\/www.caravanalive.com\/?tag=regionalism","tag_name":"regionalism"},{"tag_id":3932,"tag_link":"https:\/\/www.caravanalive.com\/?tag=south-korea","tag_name":"SOUTH KOREA"},{"tag_id":4916,"tag_link":"https:\/\/www.caravanalive.com\/?tag=us-china-relations","tag_name":"US-China Relations"}],"class_list":["post-153078","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-article","category-international","category-latest-news","category-news","category-science-tech","tag-defense-budget","tag-economy","tag-military-affairs","tag-regionalism","tag-south-korea","tag-us-china-relations"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.5 - 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